XRP

XRP is a digital asset and cryptocurrency that was created by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network. XRP operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, be it USD, Yen, litecoin, or bitcoin. XRP is often used by Ripple's payment ecosystem, RippleNet, and is increasingly adopted by banks and payment networks as settlement infrastructure technology. As a bridge currency, XRP also provides liquidity for instant cross-border transactions.


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Market Wrap: Bitcoin Bounces to $11.8K as Ether Option Traders Go Bearish

Bitcoin broke through $11,800 Friday while traders are anticipating an ether fall based on the options market.

CoinDesk 20 Bitcoin Price Index

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First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever

Crypto traders are enjoying their own version of the market’s madness, from bitcoin’s bull run to the collapse of YAM to Dave Portnoy.

Illustration from "The World Turned Upside Down." (Alamy/Photomosh)

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Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments

The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying his company plans to move away from interbank payments.

Brad Garlinghouse Ripple

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Market Wrap: Bitcoin Rebounds to $11.5K; Ethereum’s Gas Woes Worsen

Bitcoin’s price is bouncing back as Ethereum fees cause problems.

CoinDesk 20 Bitcoin Price Index

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Australian Woman Jailed for Theft of More Than 100,000 XRP

The 25-year-old received a sentence of more than two years for the 2018 theft of XRP worth around $300,000 at the time.

Sydney, Australia

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Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever

A weak bitcoin market is not stopping Ethereum-powered DeFi growth.

Source: CoinDesk 20 Bitcoin Price Index

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Market Wrap: Bitcoin Rebounds to $11,400 After Flash Crash as Ether Closes In on $400

Bitcoin is gaining back what it lost and ether’s upward run seems undeterred as the crypto market recovers from a flash crash on Sunday.

Source: CoinDesk 20 Bitcoin Price Index

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Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019.

Ripple CEO Brad Garlinghouse. (Christopher Michel/Wikimedia Commons)

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Market Wrap: Bitcoin Pushes to $11,450, DeFi Value Locked Now at $4B

The crypto market continues its bullish run and investors are plowing crypto into DeFi.

Source: CoinDesk 20 Bitcoin Price Index

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Market Wrap: Bitcoin Sticks to $11,000; Derivatives, DeFi Keep Growing

The cryptocurrency markets are finally heating up in July.

Source: CoinDesk 20 Bitcoin Price Index